This property looks like a bad Long-Term investment with a projected -11.41% first-year return on $57,435 initial cash invested.
-11.41%
Cash On Cash
4.72%
Cap Rate
0.71
DSCR
$2,043
Rent
-$546
Cashflow
Cash Flow
$2,043 income − $2,589 expenses = $546 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,435
Downpayment
20%
$54,700
Closing costs
1%
$2,735
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,043
Total Expenses
$2,589
Mortgage P&I
74%
$1,519
Property Taxes
22%
$441
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0